Ingenieur Gudang Bhd (XKLS:5178) ROC (Joel Greenblatt) %: -23.39% (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Ingenieur Gudang Bhd ROC (Joel Greenblatt) %?

Ingenieur Gudang Bhd XKLS:5178 +14.29% ROC (Joel Greenblatt) % is -23.39% as of Feb. 2026. The stock has 6 warning signs investors should review. Among 1,782 Construction companies, Ingenieur Gudang Bhd ranks better than 89.79% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Ingenieur Gudang Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -23.39%.

The historical rank and industry rank for Ingenieur Gudang Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:

XKLS:5178' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -33.94   Med: 23.01   Max: 265.07
Current: 124.93

During the past 13 years, Ingenieur Gudang Bhd's highest ROC (Joel Greenblatt) % was 265.07%. The lowest was -33.94%. And the median was 23.01%.

XKLS:5178's ROC (Joel Greenblatt) % is ranked better than
89.79% of 1782 companies
in the Construction industry
Industry Median: 19.56 vs XKLS:5178: 124.93

Ingenieur Gudang Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Ingenieur Gudang Bhd  (XKLS:5178) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Ingenieur Gudang Bhd ROC (Joel Greenblatt) % Related Terms


Ingenieur Gudang Bhd ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ingenieur Gudang Bhd's ROC (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ingenieur Gudang Bhd ROC (Joel Greenblatt) % Chart

Ingenieur Gudang Bhd Annual Data
Trend Dec14 May16 May17 May18 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.60 57.42 89.70 265.07 215.02

Ingenieur Gudang Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 135.72 199.69 2,598.31 133.96 -23.39

XKLS:5178 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Ingenieur Gudang Bhd's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ingenieur Gudang Bhd ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Ingenieur Gudang Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Ingenieur Gudang Bhd's ROC (Joel Greenblatt) % falls into.



Ingenieur Gudang Bhd ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27.689 + 0 + 4.733) - (26.636 + 0 + 0.689)
=5.097

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.315 + 0 + 19.63) - (29.029 + 0 + 1.761)
=20.155

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ingenieur Gudang Bhd for the quarter that ended in Feb. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.084/( ( (0.578 + max(5.097, 0)) + (0.544 + max(20.155, 0)) )/ 2 )
=-3.084/( ( 5.675 + 20.699 )/ 2 )
=-3.084/13.187
=-23.39 %

Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a ROC (Joel Greenblatt) % of -23.39% mean?
Ingenieur Gudang Bhd (XKLS:5178) has a ROC (Joel Greenblatt) % of -23.39% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Ingenieur Gudang Bhd and its competitors. According to the industry distribution chart, Ingenieur Gudang Bhd ranks #182 out of 1782 companies in the Construction industry, placing it in the top 10.2%.
Is Ingenieur Gudang Bhd's ROC (Joel Greenblatt) % too high?
Ingenieur Gudang Bhd's current ROC (Joel Greenblatt) % is -23.39%. Based on the distribution chart, Ingenieur Gudang Bhd ranks #182 out of 1782 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Ingenieur Gudang Bhd's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Ingenieur Gudang Bhd ranks #182 out of 1782 companies for ROC (Joel Greenblatt) %. This places Ingenieur Gudang Bhd in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.56. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.56, based on 1,782 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Ingenieur Gudang Bhd and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingenieur Gudang Bhd's current ROC (Joel Greenblatt) % is -23.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingenieur Gudang Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ingenieur Gudang Bhd (XKLS:5178) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.07, compared to a current price of RM0.04 — trading 42.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is -23.39%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Ingenieur Gudang Bhd (XKLS:5178), the current ROC (Joel Greenblatt) % is -23.39% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ingenieur Gudang Bhd Business Description

Address Taman Perindustrian UEP, Ground Floor, No.3, Jalan TP 2, Subang Jaya, Subang Jaya, SGR, MYS, 47600
Ingenieur Gudang Bhd is a Malaysia-based company involved in the construction and property investment businesses. The segments include Property investment and others, and construction. The company earns maximum revenue from the Construction segment.